Rogers Co. (NYSE:ROG) Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its position in shares of Rogers Co. (NYSE:ROGFree Report) by 60.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,332 shares of the electronics maker’s stock after buying an additional 1,259 shares during the period. Teacher Retirement System of Texas’ holdings in Rogers were worth $440,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in ROG. BKM Wealth Management LLC purchased a new position in shares of Rogers in the 4th quarter valued at approximately $30,000. B. Riley Wealth Advisors Inc. raised its holdings in Rogers by 8.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 1,626 shares of the electronics maker’s stock worth $214,000 after purchasing an additional 132 shares during the last quarter. Wrapmanager Inc. acquired a new position in Rogers during the fourth quarter worth $242,000. Quantbot Technologies LP acquired a new position in Rogers during the third quarter worth $255,000. Finally, Pathstone Family Office LLC raised its holdings in Rogers by 15.0% during the third quarter. Pathstone Family Office LLC now owns 2,341 shares of the electronics maker’s stock worth $308,000 after purchasing an additional 306 shares during the last quarter. Institutional investors and hedge funds own 96.02% of the company’s stock.

Rogers Stock Down 0.4 %

NYSE ROG opened at $116.68 on Tuesday. Rogers Co. has a fifty-two week low of $105.48 and a fifty-two week high of $173.16. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 32.06 and a beta of 0.67. The business has a fifty day moving average of $116.40 and a 200-day moving average of $120.51.

Rogers (NYSE:ROGGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The electronics maker reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03. Rogers had a return on equity of 5.30% and a net margin of 7.73%. The company had revenue of $213.40 million during the quarter, compared to analysts’ expectations of $210.00 million. As a group, analysts anticipate that Rogers Co. will post 3.07 EPS for the current year.

Rogers Company Profile

(Free Report)

Rogers Corporation engages in the design, development, manufacture, and sale of engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, renewable energy, aerospace and defense, mass transit, industrial, connected devices, and wired infrastructure.

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Institutional Ownership by Quarter for Rogers (NYSE:ROG)

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